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B-A-HONOURS in Economics at ST. JOSEPH'S COLLEGE (AUTONOMOUS) DEVAGIRI
Kozhikode, Kerala
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About the Specialization
What is Economics at ST. JOSEPH'S COLLEGE (AUTONOMOUS) DEVAGIRI Kozhikode?
This Economics program at St. Joseph''''s College, Devagiri focuses on providing a robust foundation in economic theories, quantitative methods, and policy applications. With India''''s rapidly growing economy and evolving policy landscape, understanding economic principles is crucial. This program stands out by integrating theoretical knowledge with practical insights into the Indian economic context, preparing students for diverse roles in financial, research, and public sectors.
Who Should Apply?
This program is ideal for fresh graduates seeking entry into financial analysis, economic research, or public policy roles. It also suits individuals passionate about understanding socio-economic issues, market dynamics, and government policy impacts. A strong aptitude for analytical thinking, problem-solving, and an interest in current affairs are beneficial prerequisites for this rigorous academic journey.
Why Choose This Course?
Graduates of this program can expect to pursue careers as economic analysts, data scientists, policy researchers, or consultants within India''''s burgeoning financial institutions, government bodies, and think tanks. Entry-level salaries typically range from INR 3-6 lakhs per annum, with significant growth trajectories for experienced professionals. The curriculum also prepares students for competitive exams like UPSC and RBI, and higher studies in Economics or Management.
Student Success Practices
Foundation Stage
Build Strong Conceptual Foundations- (Semester 1-2)
Focus on thoroughly understanding core economic concepts like demand-supply, market structures, and national income accounting. Actively participate in lectures, clarify doubts immediately, and engage in group discussions with peers to solidify understanding.
Tools & Resources
Reference textbooks (e.g., Mankiw, Samuelson), Online learning platforms like NPTEL for economics basics, Khan Academy, Department-organized tutorial sessions
Career Connection
A robust conceptual understanding is critical for all higher-level economics courses and forms the basis for analytical roles in any economic field.
Develop Quantitative Skills Early- (Semester 1-2)
Begin strengthening mathematical and statistical skills essential for economics. Practice problem-solving regularly, attend workshops on basic calculus and statistics, and use software like Excel for data organization.
Tools & Resources
NCERT Mathematics for Class 11/12, Basic statistics textbooks, Online courses on Coursera/edX for ''''Introduction to Statistics'''', Data analysis tutorials
Career Connection
Strong quantitative skills are highly valued in roles like economic research, data analysis, and financial modeling, providing a competitive edge in the job market.
Cultivate Effective Study Habits and Peer Learning- (Semester 1-2)
Establish a consistent study schedule, prioritize time management, and actively engage in peer study groups. Teaching concepts to others helps reinforce your own learning and develops teamwork skills.
Tools & Resources
Study planners, Collaborative online whiteboards (e.g., Miro), College library resources, Dedicated study rooms
Career Connection
Good study habits lead to academic excellence, while peer learning fosters communication and collaboration, essential soft skills for any professional environment.
Intermediate Stage
Engage with Real-world Economic Data- (Semester 3-5)
Apply theoretical knowledge by analyzing current economic events and government policies using data from official sources. Follow economic news, read reports from RBI, NITI Aayog, and various ministries.
Tools & Resources
Websites of RBI, CSO (MOSPI), World Bank, IMF, Leading financial newspapers (e.g., The Economic Times, Business Standard), Economic journals
Career Connection
This practice builds critical thinking and analytical skills, making you more marketable for roles requiring economic commentary, policy analysis, or market research.
Explore Internship Opportunities- (Semester 4-5 (during summer/winter breaks))
Actively seek out internships in banks, financial institutions, NGOs, research organizations, or government departments during semester breaks. These practical experiences provide invaluable industry exposure.
Tools & Resources
College placement cell, LinkedIn, Internshala, Company career pages, Networking events
Career Connection
Internships are crucial for gaining practical skills, building professional networks, and often lead to pre-placement offers or full-time employment.
Develop Advanced Analytical Software Proficiency- (Semester 4-5)
Beyond basic Excel, learn statistical software relevant to economics like R, Python (with Pandas/Numpy), or EViews. Practice using these tools for econometric modeling and data visualization.
Tools & Resources
Online tutorials (e.g., DataCamp, Coursera), University computer labs, Software documentation, Projects involving data analysis
Career Connection
Proficiency in statistical software is highly demanded in analytics, research, and data science roles, significantly enhancing employability in the modern job market.
Advanced Stage
Specialize through Electives and Projects- (Semester 6)
Choose elective courses strategically based on your career interests (e.g., econometrics, international economics, development economics). Work on a robust final year project that demonstrates your research and analytical capabilities.
Tools & Resources
Faculty mentors, Academic journals, Research databases (e.g., JSTOR, EconLit), Advanced statistical software
Career Connection
Specialization helps in tailoring your profile for specific industry sectors (e.g., financial markets, public policy) and provides a strong talking point during interviews.
Master Placement Preparation Skills- (Semester 6)
Actively participate in placement cell activities including resume building workshops, mock interviews, group discussions, and aptitude test preparation. Network with alumni for insights and mentorship.
Tools & Resources
College placement cell, Career counselling services, Online aptitude test platforms (e.g., IndiaBix, PrepInsta), Professional networking events
Career Connection
Comprehensive preparation ensures you are job-ready and confident, significantly increasing your chances of securing desirable placements immediately after graduation.
Explore Higher Education and Civil Service Avenues- (Semester 6 (Parallel to placement efforts))
If considering post-graduation, research Master''''s programs in India or abroad, prepare for entrance exams like MA Economics entrance tests (JNU, DSE) or GRE/GMAT. For civil services, start early preparation for UPSC/State PSC exams.
Tools & Resources
Coaching institutes, Online resources for entrance exams, University admission portals, Alumni network for guidance
Career Connection
This practice enables you to pursue advanced academic careers, research roles, or high-impact public service careers, offering long-term professional growth and societal contribution.
Program Structure and Curriculum
Eligibility:
- Passed Plus Two (12th Standard) or equivalent examination recognized by the University of Calicut.
Duration: 6 semesters / 3 years
Credits: Minimum 120 credits Credits
Assessment: Internal: 20%, External: 80%
Semester-wise Curriculum Table
Semester 1
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A01 | The Cultural Mosaic | Common Course (English) | 4 | Language in Society, Reading Skills, Rhetoric, Cultural Studies, Literary Forms |
| A02 | Ways with Words | Common Course (English) | 3 | Language and Communication, Grammar Review, Writing Skills, Paragraph Development, Formal Correspondence |
| A03 | [Second Language] I | Common Course (Second Language) | 4 | Basic Grammar, Prose Selections, Poetry Analysis, Short Stories, Translation Practice |
| ECO1(3)B01 | Introduction to Economics | Core | 4 | Basic Economic Problems, Demand and Supply, Elasticity Concepts, Market Structures, National Income Accounting |
| HST1(3)C01 | Social Formations in India | Complementary Course I (History - Illustrative) | 3 | Ancient Indian History, Early Societies, Vedic Period, Mauryan Empire, Gupta Age |
Semester 2
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A04 | The Literary Voyage | Common Course (English) | 4 | Genres of Literature, Poetry Analysis, Prose Reading, Drama Studies, Critical Appreciation |
| A05 | Literature and Contemporary Issues | Common Course (English) | 3 | Social Issues in Literature, Environmental Concerns, Human Rights, Gender Studies, Literary Responses to Society |
| A06 | [Second Language] II | Common Course (Second Language) | 4 | Advanced Grammar, Literary Criticism, Translation Practice, Essay Writing, Public Speaking |
| ECO2(3)B02 | Microeconomics I | Core | 4 | Consumer Behaviour, Utility Analysis, Production Theory, Cost Concepts, Market Equilibrium |
| HST2(3)C02 | Cultural History of India | Complementary Course II (History - Illustrative) | 3 | Art and Architecture, Religion and Philosophy, Education Systems, Social Customs, Science and Technology in India |
Semester 3
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A07 | Literary Forms and Movements | Common Course (English) | 4 | Literary Periods, Romanticism, Modernism, Postmodernism, Literary Theory |
| ECO3(3)B03 | Microeconomics II | Core | 4 | Monopoly Markets, Oligopoly, Monopolistic Competition, Factor Pricing, Welfare Economics |
| ECO3(3)B04 | Public Finance | Core | 4 | Role of Government, Taxation Principles, Public Expenditure, Public Debt, Fiscal Policy |
| HST3(3)C03 | Modern Indian History | Complementary Course III (History - Illustrative) | 3 | British Rule in India, Freedom Struggle, Social Reforms, Partition of India, Post-Independence India |
Semester 4
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| A08 | Language and Linguistics | Common Course (English) | 4 | Phonetics, Morphology, Syntax, Semantics, Sociolinguistics |
| ECO4(3)B05 | Macroeconomics I | Core | 4 | National Income, Classical Theory of Employment, Keynesian Theory, Consumption and Investment, Multiplier and Accelerator |
| ECO4(3)B06 | Development Economics | Core | 4 | Economic Development Theories, Poverty and Inequality, Human Development, Sustainable Development, International Aid |
| HST4(3)C04 | Contemporary India | Complementary Course IV (History - Illustrative) | 3 | Economic Reforms in India, Social Movements, Environmental Issues, India''''s Foreign Policy, Regionalism and Federalism |
Semester 5
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO5(3)B07 | Macroeconomics II | Core | 4 | Money and Banking, Inflation, Business Cycles, Monetary Policy, Fiscal Policy |
| ECO5(3)B08 | Indian Economy | Core | 4 | Economic Planning in India, Agriculture Sector, Industrial Development, Service Sector Growth, Economic Reforms |
| ECO5(3)B09 | Quantitative Techniques for Economic Analysis I | Core | 4 | Basic Mathematics for Economics, Calculus Applications, Linear Algebra, Descriptive Statistics, Probability Theory |
| ECO5(3)B10 | Principles of Environmental Economics | Core | 4 | Environment and Economy, Resource Economics, Pollution Control, Sustainable Development, Environmental Policy |
| ECO5(3)D01 | Economics of Business and Finance | Open Course (Illustrative) | 3 | Business Cycles, Stock Market Operations, Investment Decisions, Financial Institutions, Risk Management |
Semester 6
| Subject Code | Subject Name | Subject Type | Credits | Key Topics |
|---|---|---|---|---|
| ECO6(3)B11 | International Economics | Core | 4 | Theories of International Trade, Tariffs and Quotas, Exchange Rate Regimes, Balance of Payments, International Institutions |
| ECO6(3)B12 | Mathematical Economics | Core | 4 | Optimization Techniques, Production Functions, Cost Functions, Demand Functions, Market Equilibrium Models |
| ECO6(3)B13 | Introductory Econometrics | Core | 4 | Regression Analysis, Ordinary Least Squares (OLS), Hypothesis Testing, Multiple Regression, Time Series Models |
| ECO6(3)B14 | Project Work / Viva Voce | Core (Project) | 2 | Research Methodology, Data Collection, Data Analysis, Report Writing, Presentation Skills |
| ECO6(3)E01 | Behavioural Economics | Elective (Illustrative) | 3 | Cognitive Biases, Heuristics, Rationality in Decision Making, Nudge Theory, Decision Making under Uncertainty |
